Skip to content
Nonprofiteer
← VETERANS ENTREPRENEURSHIP INITIATIVE

Form 990 for tax year 2024

Filed by VETERANS ENTREPRENEURSHIP INITIATIVE.

Totals

Total revenue
$548,800
Total expenses
$557,955
Contributions and grants received
$548,800
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$75,272
Total liabilities, end of year
$7,639
Net assets or fund balances, end of year
$67,633
Program services expenses (Part IX)
$356,103
Management and general expenses
$201,852
Fundraising expenses
$0
Program service expenses (Part III)
$356,103

Program services were 63.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $548,800

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $67,513 · program services $49,575 · management and general $17,938

  • 10 · Payroll taxes

    total $5,170 · management and general $5,170

  • 11b · Fees: legal

    total $266 · management and general $266

  • 11c · Fees: accounting

    total $22,537 · management and general $22,537

  • 11g · Fees: other

    total $263,313 · program services $166,943 · management and general $96,370

  • 12 · Advertising and promotion

    total $96,847 · program services $96,847

  • 13 · Office expenses

    total $5,780 · program services $5,392 · management and general $388

  • 14 · Information technology

    total $30,701 · program services $5,186 · management and general $25,515

  • 16 · Occupancy

    total $18,803 · management and general $18,803

  • 17 · Travel

    total $5,551 · program services $2,394 · management and general $3,157

  • 20 · Interest

    total $371 · management and general $371

  • 23 · Insurance

    total $1,141 · management and general $1,141

  • 24a · Other expenses: TELEPHONE

    total $441 · management and general $441

  • 24b · Other expenses: SUPPLIES

    total $10,503 · program services $10,503

  • 24c · Other expenses: POSTAGE

    total $322 · program services $322

  • 24d · Other expenses: BANK FEES

    total $90 · management and general $90

  • 24e · All other expenses

    total $28,606 · program services $18,941 · management and general $9,665

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $85,976 · end of year $75,272

  • 25 · Other liabilities

    beginning of year $7,864 · end of year $7,639

  • 27 · Net assets without donor restrictions

    beginning of year $78,112 · end of year $67,633

Mission and programs · 2024

Mission

TO EMPOWER AND SUPPORT VETERAN ENTREPRENEURS THROUGH EDUCATION AND MEMBERSHIP.

  • EDUCATIONAL COHORTS:VETERANS CAN NAVIGATE FROM 9 TO 20 DIFFERENT CRITICAL AREAS OF THEIR BUSINESS OR IDEA. THESE COHORTS ARE FACILITATED BY A QUALIFIED PROFESSIONAL AND SUBJECT MATTER EXPERT. THE SESSIONS ARE HYBRID (20% IN-PERSON AND 80% VIRTUAL) AND THEY RANGE BETWEEN SIX AND TEN SESSIONS PER COHORT.

    Expenses $356,103

  • WORKSHOPS: VEI PROVIDES ONE-HOUR COHORTS IN VARIOUS BUSINESS TOPICS SUCH AS LEGAL, GRANT WRITING TRHOUGHOUT THE YEAR.

  • COACHING: VEI PROVIDES ONE-ON-ONE BUSINESS COACHING TO PARTICIPATING VETRANS AS A SUPPORT CHANNEL AFTER COMPLETING ANY OF OUR COHORTS.

As filed on the 2024 return.

Listed in Part VII

  • Ricardo Garcia

    VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    25

  • Rebecca Dobo

    TREASURER

    Total calculated
    $0
    Hours/week
    25

  • Rafael Caamano

    PRESIDENT

    Total calculated
    $0
    Hours/week
    25

  • Lydia Giffin

    Total calculated
    $0
    Hours/week
    0

  • Jane Hertz

    EMPLOYEE

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
22 May 2025
IRS schema version
2024v5.1
Source object
202501919349300415

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.